The use of minerals by man is as old as the human race. In fact the advancement of human civilization has been intimately associated with the exploitation of raw materials. It is not by chance that the distinction of the main historical eras is based on the type of raw materials used. Hence the passage from the Paleolithic and Neolithic Age to the Bronze Age is characterized by the introduction of basic metals, mainly copper, zinc and tin, to human activities and the Iron Age was marked by the introduction of iron. Since then the use of metals has increased and culminated in the industrial revolution in the mid-eighteenth century which marked the onset of the industrial age in the western world. However, during the past 50 years, although metals were equally important to western economies as they had been previously, the amount of metals extracted annually in western countries has decreased significantly and metal mining activity shifted mainly to third world countries (in Africa, South America, Asia) and Australia, due to economic and environmental constraints. At the same time the role of industrial minerals has become increasingly important for the western economies and today, in developed EU countries, the production of industrial minerals has surpassed by far the production of metals. In some EU countries, metal mining activities have stopped completely. The importance of industrial minerals is expected to increase further in the future.